JSW Energy Ltd.

BSE: 533148 | NSE: JSWENERGY
Mid Cap | Power Generation/Distribution
547.85
-2.25 (-0.41%)
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JSW Energy informs about credit rating

Date: 24-12-2016

JSW Energy has informed that Credit Analysis & Research Limited (CARE) has reaffirmed the ratings of the Company for Long term Bank Facilities and Non-Convertible Debentures as CARE AA-, however has revised its outlook from ‘Stable’ to ‘Negative’. CARE has also reaffirmed the ratings of the Company for Short term Bank Facilities as CARE A1+ and withdrawn the rating for the Company’s Short term loan as the facility has been entirely repaid. CARE has assigned rating for Commercial Paper issue up to Rs 700 crore as CARE A1+ and CARE AA- rating for the Non-Convertible Debentures issue up to Rs 1000 crore with ‘Negative’ outlook.

The above information is a part of company’s filings submitted to BSE.